Nokia Corporation - Nokia to own 100% of Alcatel-Lucent

04.11.2016 14:54

2 November, 2016

Nokia Corporation

Stock Exchange Release November 2, 2016 at 16:35 (CET +1)

Nokia to own 100% of Alcatel-Lucent following squeeze-out to occur today

Espoo, Finland - Nokia announces that it acquired 56 675 006 Alcatel-Lucent shares (the "Shares"), 6 739 391 Alcatel-Lucent bonds convertible into new or exchangeable for existing Shares due on January 30, 2019 (the "2019 OCEANEs"), and 4 907 451 Alcatel-Lucent bonds convertible into new or exchangeable for existing Shares due on January 30, 2020 (the "2020 OCEANEs", and together with the 2019 OCEANEs, the "OCEANEs"), in its public buy-out offer for Alcatel-Lucent's remaining Shares and OCEANEs, which was opened between September 22, 2016 and October 31, 2016 included (the "Public Buy-Out Offer").